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According to a new york university study, trade between china and africa has risen from 10 billion in 2000 to $166 billion in 2011. a 16-fold increase. china is now africa's largest trade partner. as i reported last week, china's total aid budget has surged as well from $1.7 billion in 2001 to more than $189 billion in 2011. a substantial chunk of that aid goes to africa. in the short-term, africa's leaders may rejoice at having struck a good deal. they no longer need to listen to western criticism because china and other countries like brazil and india are willing to trade no strings attached...

Year which is the path we are on which takes us away from ever balancing the budget which produces a debt crisis. that is the problem. the president has us on a path toward a debt crisis that hurts everybody. that brings us to a recession. gives us a european kind of experience we want to avoid. we want people going back to work. higher wages. more jobs. a growing economy. we get that by balancing the budget. >> chris: there are two sides to the argument. the president would say the spending cuts and sequester and cuts that you going to propose in the short-term could actually hurt this kind o...

That rain is really coming down. as far as the east coast, new york city, we had a beautiful weekend. and more of that is in store for us today. we're talking very mild temperatures. right now we're in the 40's in new york city. 43 right now in chicago. it is actually cooler in dallas, 37 degrees right now, than it is in new york city. kind of odd. high temperatures today in new york, 60 degrees. 59 for your high temperature in dallas. over in minneapolis, 32 degrees for your high temperature. we have that storm producing areas of rain right now in louisiana, mississippi, alabama. heavy rain i...

Billion -- the amount of money 60 u.s. companies parked overseas last year. not in the united states. overseas according to the "wall street journal" and their analysis. why are big companies focusing on their foreign subsidiaries? stuart varney says the answer is washington, d.c. >> that is the easy answer and that is correct. can we get used to the idea that taxes, tax rates, taxation drive economic activity? and that high tax rates in the united states drive the economic activity of american companies and american individuals? you just mentioned that. the "wall street journal" has got a stu...

Issues, about tax and about job creation and about outsourcing. >> what would david einhorn want apple, as an investor, to spend some of that cash on? >> he want it is to go back to shareholders. he would like bigger dividend payments, he would like a certain kind of class of stock that would allow investors like him to get some of that money back. he is not really arguing for them to bring that back and create a bunch of fact police in the u.s. and create jobs. 6 it's sort of ironic the company is under pressure to go back to dividend payments. not sure that will help u.s. growth and a number...